Draft Board Ballot IRC Handout July 21, 2016

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U.S. GOVERNMENT STANDARD GENERAL LEDGER (USSGL)

VOTING BALLOT #16-07

The USSGL staff presented Voting Ballot #16-02 at the July 21, 2016, USSGL IRC Meeting. Please indicate the 

agency’s vote by marking “yes” or “no” on the voting ballot for each proposal to revise the USSGL. Provide a detailed 

justification for all “no” votes. Fax page 1 and any attachments containing comments or justifications for negative votes 

to 301-436-1039 or vote via Survey Monkey. The Survey Monkey link will be provided to the voting USSGL IRC 

board members. Fiscal Service must receive the agency’s votes by EST. 12:00PM July 27, 2016.

Revisions: 

FISCAL YEAR 2016

ADD: CHANGE:

439701 Pg. 2 Yes____ No____ 439400 Pg. 3 Yes____ No____

679500 Pg. 2 Yes____ No____ 531800 Pg. 3 Yes____ No____

DELETE: N/A TECHNICAL CHANGE(DOES NOT REQUIRE A VOTE):

199900 Pg. 4

439100 Pg. 4 

FISCAL YEAR 2017

ADD: N/A CHANGE: N/A

DELETE: N/A TECHNICAL CHANGE (DOES NOT REQUIRE A VOTE):

 

Name: ______________________________________________

Agency: _____________________________________________

Date: _____________________________
Draft Board Ballot IRC Handout July 21, 2016

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The following new USSGL accounts will be effective for fiscal 2016 reporting. 

PROPOSED USSGL ACCOUNTS:

Account Title: Unobligated Balances of Receipts and Appropriations Temporarily Precluded From 

Obligation

Account Number: 439701

Normal Balance: Credit

Definition: Based on situations where total budgetary resources are precluded from obligation in a 

fiscal year by a provision of law (such as a limitation on obligations), the amount of unobligated 

balances of receipts and appropriations that becomes unavailable for obligation until specific legal 

requirements are met is also precluded in special and non-revolving trust funds.

Justification: To support OMB Circular No. A-11. 

Account Title: Contra Expense-Nonfiduciary Deposit Fund Intragovernmental Administrative Fees

Account Number: 679500

Normal Balance: Credit

Definition: The amount that offsets intragovernmental administrative fees paid by nonfiduciary 

deposit funds, in compliance with SFFAS 7, paragraph 239. 

Justification: Deposit Funds are non-budgetary accounts and cannot have results of operations. 

However, intragovernmental expenses need to be recorded to offset intragovernmental revenues 

in the performing federal agency.
Draft Board Ballot IRC Handout July 21, 2016

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The following proposed changes to USSGL accounts will be effective for fiscal 2016 reporting.

PROPOSED CHANGES TO CURRENT USSGL ACCOUNTS FOR FISCAL 2016:

Account Title: Receipts Unavailable for Obligation Upon Collection

Account Number: 439400

Normal Balance: Credit

Definition: The amount of receipts that, immediately upon collection, is are not available for 

obligation. These receipts, or a portion thereof, may be available for investment before

becoming available for obligation. For example, the authorizing legislation may specify a

portion of the receipts is are not available for obligation, while the entire remainder amount 

of the receipts is only available for investment obligation. until a specified time in the future.

These receipts, or a portion thereof, may be available for investment before becoming available 

for obligation. This USSGL account will offset the budgetary resource appropriation lines on the 

SF 133: Report on Budget Execution and Budgetary Resources/Budget Program and Financing

Schedule, for a net-zero effect. This USSGL account also will crosswalk to column 11 of the

Bureau of the Fiscal Service 2108: Yearend Closing Statement, to support the balances of the 

fund balance with the U.S. Department of the Treasury and/or investments. This account does 

not close at yearend.

Justification: To remove FMS 2108 since it is no longer a statement, remove SF 133 references 

that are not needed, and to make definition more accurate. 

Account Title: Contra Revenue for Interest Revenue- Investments

Account Number: 531800

Normal Balance: Debit

Definition: The amount reflecting a reduction in revenue for interest accrued on investments when 

realization is not expected, or to offset intragovernmental interest revenue in nonfiduciary 

deposit funds with investment authority, in compliance with SFFAS 7, paragraph 239.

Justification: Deposit Funds are non-budgetary accounts and cannot have results of operations. 

However, intragovernmental revenues need to be recorded in non-fiduciary deposit funds with 

investment authority to offset intragovernmental interest expense paid by Treasury Fiscal 

Service.
Draft Board Ballot IRC Handout July 21, 2016

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The following proposed USSGL accounts will be effective for fiscal 2016 reporting.

PROPOSED TECHNICAL CHANGES TO THE USSGL ACCOUNTS (Does Not Require A 

Vote)

Account Title: Central Accounting Control Account 

Account Number: 199900 

Normal Balance: Debit 

Definition: This is a control account to reconcile activity related to the Statement of Transactions 

and Accountability (FMS 224, FMS 1219/1220, and FMS 1218/1221), Authority Transaction 

Module, and daily transcript reporting. This account is for the General Fund of the Treasury use 

only. This account does not close at yearend. 

Justification: To remove FMS references.

Account Title: Adjustments to Indefinite Appropriations

Account Number: 439100

Normal Balance: Credit

Definition: The amount necessary to reconcile obligations with resources for indefinite

appropriations derived from the General Fund of the Treasury. that is reportable on the Bureau of

the Fiscal Service 2108: Yearend Closing Statement. Although the normal balance for this account 

is credit, it is acceptable in certain instances for this account to have a debit.

Justification: To remove 2108, since it is no longer a statement.